The 106.04 BTC Withdrawal: A Forensic Dissection of Institutional Noise
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Fear
Market Sentiment
Team and early investor shares released
Circulating supply increases by about 2%
Improves data availability sampling efficiency
Block reward halving event
Independent validator client goes live on mainnet
Block reward reduced to 3.125 BTC
Raises validator limit and account abstraction
92 million ARB released
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